This argument is tiring. The massive unprecedented drop in unemployment was the result of loose monetary policy. In order to properly control the economy there is a certain level of unemployment (something like 6-8% iirc) that is expected at at any given time.

People aren't really "employed" (in a gainful sense) if the money printer keeps printing. Achieving the lowest possible unemployment results in rising inflation because the necessary availability of surplus capital to allow such a thing to happen.

At any rate, 0.75% won't work. The rate changes need to be more aggressive if the goal is to actually avoid a 2023/2024 catastrophe. It takes upwards of 10 years for inflation to cool off after the process of reducing it begins. We're in for a long ride.